York Water Co (YORW) Tops Q3 EPS by 2c

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Go back to York Water Co (YORW) Tops Q3 EPS by 2c

York Water Company Reports 3rd Quarter and Nine Months Earnings

November 6, 2015 9:30 AM EST

YORK, Pa., Nov. 06, 2015 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ: YORW) President, Jeffrey R. Hines, announced today the Company's financial results for the third quarter and the first nine months of 2015.

President Hines reported that third quarter operating revenues of $12,368,000 increased $306,000 and net income of $3,520,000 increased $455,000 compared to the third quarter of 2014.  Earnings per share of $0.28 for the three-month period increased $0.05 compared to the same period last year.  Higher revenues, lower income taxes and controlled expenses caused the increase in net income.

President Hines also reported that the... More